Yugra’s Oil Output Goes Down

Ural Federal District’s industrial production index kept going up in January-June 2011, and the increase in the industrial production growth rates came to 1.9% (against January-June 2010). This information is available from the report presented to Plenipotentiary Representative of Russian Federation President in Ural Federal District Nikolai Vinnichenko. The data will soon be discussed at the upcoming meeting of the district’s anti-recession committee.

The fact that the production growth mainly results from the success of the processing industries is seen as a good trend. In January-June 2011, the industrial production indices for mineral deposits development and electricity, natural gas, and water production declined slightly by 1.5% and 0.5%, respectively, yet the index for processing industries rose by 11.3% in comparison with January-June 2010.

On the negative side, the mineral products output in Khanty-Mansiysky Autonomous Region (Yugra) went down in the first half of this year. All in all, Ural Federal District’s total oil output decreased by 1.3% compared with January-June 2010.